"We live in a world where love itself is condemned. People call it weakness, something to grow out of. Some are saying: 'Let each one become as strong as he can, and let the weak perish.' They say that the Christian religion with its preaching about love is a thing of the past. The neo-paganism [of the Nazis] may well cast off love but, in spite of everything, history teaches us that we shall be the victors over this. We shall not forsake love." Titus Brandsma, executed at Dachau, 26 July 1942
Big Support has been broken and the SP is dropping hard to the nearest support.
Market is becoming short term oversold again.
Non-farm payrolls coming out on Friday could provide a catalyst for a panic leg down. We may get a short covering squeeze before then.
Watch resistance and support on the daily and hourly charts.
Bullish Percent
McClellan Oscillator
Volatility Indicator (VIX)
